Sarbanes-Oxley and the Securities Exchange Commission restrict auditors from providing many consulting services to their publically traded audit clients.

Question

Quizplus · Accepted Answer

This is true. Section 201 of the Sarbanes-Oxley Act and rules established by the Securities Exchange Commission prohibit auditors from providing certain types of consulting services to their audit clients, in order to maintain independence and avoid conflicts of interest.

Sarbanes-Oxley and the Securities Exchange Commission Restrict Auditors from Providing